JPMorgan Active Growth ETF $JGRO Stock Bought by Steph & Co.

Steph & Co. raised its holdings in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 6.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 556,645 shares of the company’s stock after acquiring an additional 34,092 shares during the period. JPMorgan Active Growth ETF makes up approximately 13.3% of Steph & Co.’s investment portfolio, making the stock its 3rd largest position. Steph & Co. owned about 0.53% of JPMorgan Active Growth ETF worth $53,761,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Hilton Head Capital Partners LLC acquired a new position in shares of JPMorgan Active Growth ETF during the 4th quarter worth approximately $28,000. Community Bank N.A. acquired a new stake in shares of JPMorgan Active Growth ETF in the second quarter valued at approximately $59,000. Cornerstone Planning Group LLC purchased a new position in JPMorgan Active Growth ETF during the first quarter worth approximately $84,000. Portfolio Resources Advisor Group Inc. purchased a new position in JPMorgan Active Growth ETF during the fourth quarter worth approximately $117,000. Finally, Centaurus Financial Inc. purchased a new position in JPMorgan Active Growth ETF during the first quarter worth approximately $123,000.

JPMorgan Active Growth ETF Trading Down 0.5%

NYSEARCA JGRO traded down $0.48 on Wednesday, reaching $98.53. 730,995 shares of the company were exchanged, compared to its average volume of 583,015. The business’s fifty day moving average price is $94.96 and its 200 day moving average price is $94.01. The stock has a market capitalization of $10.32 billion, a P/E ratio of 35.50 and a beta of 1.09. JPMorgan Active Growth ETF has a fifty-two week low of $81.16 and a fifty-two week high of $99.73.

JPMorgan Active Growth ETF Company Profile

The Jpmorgan Active Growth ETF (JGRO) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed to invest in US large-cap companies perceived to have strong earnings growth potential. JGRO was launched on Aug 8, 2022 and is managed by JPMorgan Chase.